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KCSMMHZ
Feb 20, 2013 2:30pm PST
-- >> the spanish prime minister says his economy is on the road to recovery. >> violent protests erupt against austerity in bulgaria, forcing the government to resign. >> and wide-board cameras are capturing more than usual in russia -- why dashboard cameras are capturing. it is tough times for spain battling its crippling economic crisis, and to make matters worse, many spanish politicians who are supposed to be leading the country out of the crisis are themselves the target of corruption allegations. >> even spain's prime minister has been implicated, but at his state of the nation address, he skirted the issue, instead playing up economic improvements and announcing a new tough line against corruption. >> it is his first state of the nation address, and it comes at a tough time -- his party is embroiled in a slush fund scandal. but he went on the attack, calling for cross-party support for anti-corruption drive. >> corruption is a problem that alarms the people and affects the image of spain. all corruption is unbearable. it is corrosive for civic spirit. it injures democracy and discredits
KCSMMHZ
Feb 22, 2013 2:30pm PST
to shrink in the countries which use the common currency. >> as economies weaken further in many eu nations, millions of people are expected to lose jobs at a time when there's already record unemployment in europe. >> the european commission' says signs of europe's economy is bottoming out. >> sons this year is that there will be zero growth in the european union. ben and the dismal picture is having a negative impact on government finances. many european countries are likely to have higher deficits this year than had been expected. that applies to france, the u.'s second-biggest economy. new borrowing is expected to be well over the target of 3% of gdp. the ecb says france must get its deficit down. >> i believe it is in france's interest to stick to the target of a balanced budget in the medium term. only if the budget is balanced is there any room for maneuver during an economic downturn. >> de e you expect france to see growth this year of just the 0.1%. like the eu as a whole, it is not expected to see growth above 1% until 2014. >> despite all the bad news from the eurozone, german b
KCSMMHZ
Feb 19, 2013 2:30pm PST
in the british parliament as well. >> the outlook is brightening for europe's biggest economy. investor sentiment in germany has surged to a three-year high. >> the index is one of the most closely watched investor confidence surveys. it pulls germany's top 300 financial analysts and is being taken as another sign that the german economy could rebound quickly from a sharp slowdown at the end of last year. on today's market action. german blue chips rallied tuesday to lock in solid gains for the second day running. all correspondence sent us this summary of the trading session in frankfurt. >> for the first time in weeks, traders had a reason to be happy again. stronger than expected zew investor sentiment was even welcomed with applause. after the heavy growth decline in winter, the data indicate a strong comeback of the german economy, driving up the european markets, but the euro was lagging behind because currency traders are already worried ahead of the election, which will take place on sunday. there was high demand for cars shares despite the record low of overall european car sales in janu
KCSMMHZ
Feb 18, 2013 6:00am PST
that japan economy will finally start to improve. >> reporter: property company officials plan to hold more seminars. they hope to convince more asian investors to buy in japan. potential buyers say one consideration is whether the yen's weakness will continue. they are also watching for signs of pickup in the japanese economy. nhk world, singapore. >>> australia is a nation of immigrants and active in helping refugees. the nation received more than 10,000 people in need of humanitarian assistance every year over the past decade. but the increasing financial burden push the its prime minister to review the generous policy. the move has met with criticism as well as support. it's likely to become a focal point in the upcoming september election to choose federal lawmakers. we have the story from sidney. >> reporter: this refugee from afghanistan, the 19-year-old came to australia by boat in may of 2010 after the taliban killed his brother and sister. the four month journey took him through malaysia and indonesia. then for final week he was packed on to a small vessel with 30 people. he lost
KCSMMHZ
Feb 22, 2013 6:00am PST
says the eurozone economy will contract for the second straight year in 2013. the commission says it expects gross domestic product to shrink 0.3% in the 17-nation eurozone from last year that compares with the previous forecast of 0.1% growth. tight lending conditions, job cuts, and sluggish investment are dragging the recovery. but it's projecting 1.4% growth for 2014. the commission says leading indicators suggest that the region's economy is bottoming out and economic activity is expected to gradually pick up. >>> it may look like a wrist watch, but it's a computer. i.t. giant apple has filed a patent application for a computer that people can wear like a watch. the u.s. patent and trademark office disclosed the patent filing on thursday. the computer has a flexible touch panel display, censors inside detect a change in the state of substrates and automatically adjust the user interface to a new position. the computer wirelessly connects with other portable devices like smartphones. there are rumors that apple is developing a wearable computer. google has also been developing
KCSMMHZ
Feb 18, 2013 2:30pm PST
. draghi and others in focus of the economy recovering. the german recovery in a modest pace. >> the dax finished up by nearly .5%. eurostoxx 50 up just a bit. the euro trading slightly higher, $1.3350. venezuelan president hugo chavez has made a surprising return of from cuba where he had another surgery for cancer and treatment. but she had not been seen since undergoing a fourth operation last december. his supporters turned out in numbers to welcome him back home. >> celebration on the streets of caracas. they're coming out to show their joy of the president's return. >> welcome back to venezuela. >> we love you. there is an entire population and that will support new always. >> it to the speculation to rest, he released these pictures showing him with his daughters. he appears alert and in good spirits. they broadcast messages from members of the government will commingle leader back. he told them that the president was in good condition but would be continuing his cancer treatment. supporters gathered in front of the hospital where he is being treated. despite enthusiasm and his re
KCSMMHZ
Feb 19, 2013 6:00am PST
relations and a slowing economy. it is just about double the amount of 2011 the shortfall topped the previous record set in 2005. exports to china amounted to $145 billion, down more than 10% from the previous year. the first drop in three years, falling exports of cars and machinery were the main factors. imports rose roughly $190 billion, attributed to smartphones and meat. >>> fewer visitors came to japan in january. the number dropped for the first time in 11 months. >>> people in japan's northern most island say they don't want a nuclear plant near them. they asked the government to stop building the facility. electric power development company is constructing the plant in oma. the town is 23 kilometers by sea from hokkaido. work was stopped after the 2011 quake. it was resumed in 2012. cities submitted their request to the central government. >> translator: i don't think there's any need for the construction to go forward. >> the mayor also said people are worried about the safety of the plant because it's just across the water. city officials say they are considering filin
KCSMMHZ
Feb 21, 2013 6:00am PST
soon enough. we have more from hanoi. >> reporter: vietnam's economy is racing ahead. but not everybody is moving forward. streets in hanoi are full of cars and motor bikes. across the country, factories pour harmful substances into the environment. this river running through the capital is dangerously contaminated. harmful chemical readings are 30 times higher than the maximum alould allowed by the government. people living down stream are suffering the consequences. this man and his wife while born and raised in this village. they are farmers who survive by growing rice and other crops. his legs are the result of years walking in the rice patties. a government investigator told him chemicals are in the water to blame. >> translator: the water i fill my patties with is black. my legs itch from working in the rice fields. water shouldn't be black. but i have no choice but to use that terrible water for farming. >> reporter: he worries about pollution. a new deal originating in japan is gaining public attention. the japan international cooperation agency is encouraging japanese companies
KCSMMHZ
Feb 21, 2013 2:30pm PST
of modernization. for germany, it is more than technical innovation in the old economy. it is comprehensive, includes the rule of law. includes a critical civil society, includes freedom of expression, includes fighting against corruption, so the door is open. we offer to russia this kind of cooperation, and our partner is not exclusively the kremlin. it is the totality of the russian society. >> that was the german government's commissioner for russia. >> hospitals in germany run by the catholic church may now prescribed emergency contraception to rape victims. this change follows a shocking recent case in which two catholic hospitals refused to treat a rape victim. the new policy was announced at the regular spring meeting of the german bishops' conference. catholic hospitals now have the leeway to describe a type of morning after pill that impedes contraception. -- concepcion, rather. drugs that would abort or dislodge a fertilized egg to remain taboo. >> let's talk about the implications of this change. people in our religious affairs correspondent. how significant is this move by germa
KCSMMHZ
Feb 15, 2013 5:30pm PST
. leaders of imagined economies say they think leaders of industrialized nations are trying to manipulate exchange rates, thus boosting exports. the chiefs agreed they should not compete to devalue their currencies. japan's finest minister said the official said no major disagreements. >> translator: some people have used the term "currency war" in connection with monetary easing and foreign exchange policies. but i think most participants agreed it's an exaggeration. >> general leaders have voiced concern over japan's monetary easing. they met with the finance minister to try to get his understanding. is. >>> north korea's nuclear test drew stunned reactions from japan's neighbors. they denounced the test. they're getting ready to impose new sanctions. north korea hit back with their own denunciation. the agency criticized japan in a commentary. it accused the japanese of using the nuclear test as a reason to mill tarrize their country in partnership with the united states. they said the japanese are trying to gain by making false accusations. north koreans used what would have been the
Search Results 0 to 9 of about 10